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I asked that question earlier and got some no responses and no one has said they got any two either, very confusing.
Almost 26ml @ .0001 today, anyone buy at two today? Did anyone have in to buy @ .0002 today and not get filled?
Look and see what Yahoo is stating the O/S to be.
O/S x PPS = MarketCap
Yes and every time someone brings that up, I reply in the comments. I thank them for saying no and I state why it should remain as is.
Did anyone get any of these ones today?
Time & Sales
Price Size Exch Time
0.0002 400000 OTO 15:24:53
0.0002 999999 OTO 15:24:02
0.0002 999999 OTO 15:19:18
0.0002 100000 OTO 15:11:59
0.0001 225000 OTO 15:03:04
0.0001 750972 OTO 14:56:21
0.0001 999999 OTO 14:55:36
0.0001 999999 OTO 14:55:36
0.0001 999999 OTO 14:55:33
0.0001 999999 OTO 14:53:45
0.0001 999999 OTO 14:53:44
0.0001 999999 OTO 14:53:44
0.0001 999999 OTO 14:52:06
0.0001 999999 OTO 14:52:05
0.0001 999999 OTO 14:52:05
0.0001 999999 OTO 14:49:20
0.0001 787000 OTO 14:31:53
0.0001 275000 OTO 14:24:21
0.0001 500000 OTO 14:17:57
0.0001 29100 OTO 13:37:50
0.0001 520000 OTO 13:27:45
0.0001 500000 OTO 12:50:25
0.0001 600000 OTO 12:38:50
0.0002 250000 OTO 12:36:38
0.0001 2000000 OTO 12:34:58
0.0001 1000000 OTO 12:34:37
0.0001 9000000 OTO 12:34:35
Great days ahead!!!Posted in Investor Relations at 8:09 pm by GoVols1
To the EFGO staff,
Thanks guys for keeping the communication lines open for us. Between the returned emails and the Town Hall, most all my questions are always answered. I understand that all my emails can not be answered as it may effect progress and could be considered inside information, but it’s obvious to me that you try your best to answer all the questions that you can. I’m very anxious to here about the progress in China and with IFGX as well. At these levels, I consider EFGO to be one of the greatest potential investments of the year. Thanks for your efforts and keep up the good work!!!
I agree 1000% with you Vols!!!
10.09.07Investor Awareness CampaignPosted in Investor Relations at 8:20 pm by adol77dai51
QUESTION:
I see where ConnectAJet.com (cajt) has been running and investor awareness campaign for the last couple weeks, which includes a full page ad in the USA Today daily paper. Their stock has went from approx. $1.25 to $2.75. This has obviously work for them.
Is this the kind of full out exposure you are going to do? And when will this campaign start.
RESPONSE:
That’s a little out of our league. A full page ad runs roughly $150,000 per insertion. Our campaigns have been online, using websites, newsletters etc. targetted to micro cap investors. When we can announce major news, we can ramp up an online campaign and spend more aggressively.
October 9, 2007 at 8:08 pm Check21post
Thanks for explaining, You made it very easy to understand the process. Question; Is the test done, as announce, it should be ? Are there any more details that can be share on pricing structure and monthly rev.s ?
Administrator said,
October 9, 2007 at 8:24 pm
We are working on the retail pricing in conjunction with our service providers and our Chinese bank clients. We will provide additional information as we begin to roll out the service.
T/H again
10.09.07I’m behind you EFGO! [Reverse Split]Posted in Investor Relations at 8:09 pm by planetoid_cranium
COMMENT;
Many trader’s are sitting on pins and needles- struggling for any information to calm their fears. Many do not understand the options that are available to public companies- to make money! That’s what is all about, really. Ponder this: EFGO has many options through themselves and the aquired shell companies. Obviously- selling the shell companies would be an instant source of cash and revenue stream- depending on how the deal is structured. Although, that affects the balance sheet, and the value of the company- most are worried about EFGO proper. Many are worried about a R/S. Don’t! A reverse split is most likely inevitable, and quite frankly- needed at some point. The O/S are ridiculous. For EFGO to be a major player in the financial sector- it’s O/S must be under 800million at some point! It is wishful thinking- to expect EFGO to buyback billions of shares. This is not ecomically feasible, or time capable! They would only be able to buy back up to 25% of the daily trading volume- do the math- it would take a long time. A R/S is the only option- but traders fear a R/S- concentrating on the reduction of shares- not the increase of value per share, or the range those shares can increase- if a company like EFGO is strong, with GOOD HORIZONS! Many will disagree with me- until they truly THINK about it. A 10:1 REVERSE SPLIT is NOTHING TO INVESTORS(investors have millions of shares)- BUT EVERYTHING to the VALUE OF EFGO, and ultimately to the INVESTORS PROFITABILITY! For those who agree- see you at the finish line. For those who don’t- SELL ME YOUR SHARES.
RESPONSE:
We will not do a reverse split just to reduce the number of shares. The bottom line, it is the market cap that is important in valuing Company shares. If the PPS goes to .001, the market cap rises to $10 million, .002 equals $20 million. A reverse split would not change the market cap, only the value of each share. We don’t think our shareholders will complain if they have 10 million shares worth $10,000 or 1,000 shares worth the same amount. Of course, the higher, the better.Yes, we may have to address the number of shares in the future, but from a position of strength, after we have proven the true value of the Company
As previously noted, this could coincide with a major business development that requires this type of adjustment.
This is you, T/H
10.09.07Please answer the check 21 questionPosted in Announcements, Investor Relations at 7:56 pm by thamsgt
QUESTION:
As I have mentioned many shareholders don’t quite understand the check21 process can someone explain it in laymens terms………….Thanks.
RESPONSE:
“Check 21″ (Check Clearing for the 21st Century Act) is an U.S. federal law that became effective on October 28, 2004. It is designed to enable banks to handle more checks electronically, which should make check processing faster and more efficient.As of mid-2006, most banks physically moved original paper checks from the bank where the checks were deposited to the bank that paid them. This transportation can be inefficient and costly.
With check 21, the original checks are scanned (front and back) and then cleared electronically. This radically speeds up the check clearing process, as the paper checks no longer have to be transported, sorted, cleared, returned to the originating bank etc. Usually 80% of the funds of a check deposit are available to the depositor within 24 hours, and the remaining funds within 48.
If necessary, Check 21 allows for the creation of “Substitute Checks” from check images. These Substitute Checks are essentially a printout of the original check, have the same legal status can be processed in the same way.
For U.S. denominated checks that are deposited overseas, this increased efficiency is much more dramatic. A U.S. check deposited in China can take up to five weeks to clear. Check 21 will clear it in a fraction of that time. It therefore becomes a very valuable convenience for the party depositing the check, in exchange for a small service fee.
Vols, sounds like they maybe trying to get a deal sign so Garr can include it in the Pres. letter.
Just received from Irwin.
Dear XXXX,
The questions you posted regarding the preferred shares need a bit of research. There are 2,000 preferred shares issued to Minaco. There is no plan to issue additional shares, and we are working out the logistics of transferring a portion of the shares to Mr. Winters, again, based on achieving business milestones.
They are super-voting: 20,000 votes each. They are not intended to be convertible to common stock, and therefore would not trade on the market. We believe that the number of votes would be adjusted down pro-rata if a reverse split would happen. However, we need to verify with our security lawyers re: some of these specific provisions as they were not created with the idea of a reverse split in mind, which as you know, we have not considered unless other major developments occur that would necessitate this.
We intend to post your last question up on Town Hall as soon as we can verify the facts with our lawyers.
I believe you also posted a question regarding our Investor Awareness advertising. We will not be using traditional media such as newspapers, magazines etc. It is primarily an online campaign, and has been targetted to small cap investors. The campaign began several weeks ago. We will step things up again once we close some of the China deals, and can dispel once and for all the bashers claiming that this is nothing more than smoke and mirrors.
I will post this on the Town Hall shortly.
Regards,
Irwin
Now that's funny, paid in stock or cash or seashells. I'm not sure they know how their being paid. Hopefully they'll get these contracts signed and we all can get paid.
Post #69003
The 2 small trades yesterday @ .0001, looked like they were mirror trades. Good luck, maybe you'll snag some. Me I'm wait on that first .0003 trade to break out the bubbly! LOL
Good morning THA, Is today the day we hit the golden .0003 and start our upward climb?
All are questions, sent separately, I have asked the company with no response. Instead they answer where to find Ihub????
So, I sent this;
I thought the forum was for answering questions about the company. I have questions about the company that have gone unanswered for weeks and yet you post this! I get replies like, do to heavy emails it will take 3-4 days, and still no response. I even have had questions deleted from you comment page. How about answering some of the questions a shareholder with over 125ml shares would like to know. For my questions look under your comment page.
Thankyou
And guess what, Auto reply, no answer. If anyone else would like to try I’d appreciated.
Sent 10-04-07
I think that is great news that Garr will be here next year to continue to run the company.
Some concerns after reading these post need answered.
1. I thought the preferred shares were only 2000, obviously Gar can not live off of a portion of these. So how many shares do Minaco-TradeX own and how/when did this happen?
2. It was stated these shares are the same as our common shares only with 30,000: 1 voting rights. Again how can he live off that?
3. Still concerned about losing my share count after the O/S has double since buying our shares, giving us ½ the percentage to O/S I had before.
Sent 10-04-07
On April 17th, 2007, the Company issued 2,000 preferred shares with 20,000 - 30,000:1 (depending on where you read it) super voting rights to Minaco-TradeX
Corp. These preferred shares were issued in conjunction with a secured line of credits for up to $600,000, secured by a
GSA on Company assets.
Are these the shares that Garr is getting? It was stated in a post here that these shares are the same as all the other shares with the exception of the voting (these are worth 20,000:1)
Many shareholders are still worry that shares will be reduced by a R/S or R/M, this should not happen. We purchase shares at prices far above what the PPS are now, while all the time the company has add shares to the O/S. Now the O/S is twice what it was when we bought there for our percent of over all shares has been cut in half.
What Garr has done is very commendable, now the company needs to buy back more shares to reduce the O/S, giving the value back to the shareholders that have stood by them through it all.
Once again to reduce the number of shares the shareholders have would be a very sad and underhanded thing to do to the people that gave you the money to advance this company.
Sent 9-28-07
On Sept. 12, I seen where XXXX.pk has been running an investor awareness campaign for the last couple weeks, which includes a full page ad in the USA Today daily paper. Their stock has went from approx. $1.25 to $2.75. This has obviously work for them.
Is this the kind of full out exposure you are going to do? And when will this campaign start.
And both of those looked like mirror trades! When we hit 3 I'm breaking open the bubbly. Sorry, it's been a long timmmmmmmmmmmmme! LOL
Not sure what he would do, but I........Well, first, I would take the alarm clock to the middle of the street and SLAM it down in the street, busting it into a million pieces, do a touch down dance until the neighbors call all the children in to get away from the crazy guy. And then I would get down on my knees and Thank God I live in the USA. But seriously, I cry! LOL
From T/H another post
Announcements @ Esprit Financial Group
10.08.07QUESTION: Moving to OTCBBPosted in Investor Relations at 8:41 pm by gotmoneyido
QUESTION:
So is the paln to move in a otc bb shell that you own still a go? If so, where are we at on this project thanks and keep up the good work see you in the pennys lol
RESPONSE:
The decision to uplist to the OTCBB has not been made. The Company is considering various options, but will not take any immediate action pending results from at least some of the projects currently under negotiation in China. These can have a potential material impact on the decision as to the most appropriate venue for Esprit.
From T/H
Who is IHUB?Posted in Investor Relations at 8:33 pm by ebiz3000
QUESTION:
I keep reading about IHUB. Who are they and how do I get in touch with them? I own shares in this company and have a real interest in what is happening with the shares.
Thank you.
RESPONSE:
Investors Hub is an online chat forum that hosts a large number of chat boards related to different stocks. Each chat board follows a different stock, or topic of interest related to investing. It currently has over 100,000 Members on over 9000 Boards. It provides a forum for investors to share information about a Company, which helps with the Due Diligence process for potential and existing investors. However, comments can be speculative in nature. There are no real controls to verify the accuracy of any specific comments, as it is a public forum open to all.There is an active IHub board that follow’s Esprit’s stock. It can be found at:http://investorshub.advfn.com/boards/board.asp?board_id=6529
Note: Chat boards often have members with hidden agendas. Beware of bashers (people who are trying to undermine the value of the stock with negative comments) and promoters who are trying to generate excitement about the stock without providing any real information.
There was no R/S, been here since Feb.
Well, another thought is, with the preferred shares he is able to make the business deals in China without have to consult anyone, because of the voting right that go along with those shares. God or bad, I'm not sure.
Something else I wonder about. The 2bl shares held by management statement, does/did that include all shares held by all management,like all the board of directors, ceo sec, treas, etc..and possibly minico.
Ratz, do you thing they are going to take whatever was return by Garr and use it plus the additional A/S to buy or Merge with another company? And if these shares were return to the treasury, they would no longer be restricted if issue to someone other than an insider would they? I'm a little fuzzy on that part.
I think that is the motive behind him trading shares. And is it possible since he return his shares he then got some kind of pay out for his work so far this year?
Treasury Stock
Stock that has been repurchased by the issuing company. These shares don't pay dividends, have no voting rights, and should not be included in shares outstanding calculations.
All done, except finishing up. Great DD Allinxxl
Hurry and Wait.
And if this stock has taught me anything, it is patience.
Peace to all, good Nite.
Oh yeah, ARE WE THERE YET!!!
TOOOOOOOOOOOO funny
Of course if they announce this before the deals are sign, are over the top DD might kill the deal. LOL
Curent is symbol MMOD, hasn't trade since 2005, will trade again after new ticker and company is update. imo
Hey stratey
OK everyone let's keep on subject, Rules no bashing posters. You can bash or the pump the stock, but you can not bash a basher or a pumper. Post will be deleted asap.
Ok, whew! Let's have fun!!
Copied everything I could that day and I still think some were removed before I got them.
Brian I don't think they have ownership, think they are just answering the question. the questioner states it as if it was a fact.
The fact that Minaco is transferring ownership to Garr shows there is no deal where if EFGO pays the loan then they get there shares back as indicated before. Was the credit line ever even used??
Good question, the only thing I remember was them trying to blame one of the sell offs on him. and then he reappears as a officer again.
The value of those shares, at least according to TH was the same as ours.
And I agree, a contract with bonus paid the following year (like most companies incentive plans)
Some concerns after reading these post need answered.
1. I thought the preferred shares were only 2000, obviously Gar can not live off of a portion of these. So how many shares do Minaco-TradeX own and how/when did this happen?
2. It was stated these shares are the same as our common shares only with 30,000: 1 voting rights. Again how can he live off that.
3. Still concerned about losing my share count after the O/S has double since buying my shares, giving us ½ the percentage to O/S I had before.
Anyone have thoughts????
I submitted this under comments on their last posting, Let's see if they answer it.
I think that is great news that Garr will be here next year to continue to run the company.
Some concerns after reading these post need answered.
1. I thought the preferred shares were only 2000, obviously Gar can not live off of a portion of these. So how many shares do Minaco-TradeX own and how/when did this happen?
2. It was stated these shares are the same as our common shares only with 30,000: 1 voting rights. Again how can he live off that.
3. Still concerned about losing my share count after the O/S has double since buying my shares, giving us ½ the percentage to O/S I had before.
In regards to the 2,000 multiple voting shares, these have been issued as part of the terms to a secured creditor. Importantly, while these shares carry multiple votes, they do not carry any additional financial advantages in the case of distributions to shareholders, such as cash dividends
RESPONSE:
Because of the previous relationship between the Companies, Minaco expressed interest in the expanding operations of Esprit, and subsequent negotiations resulted in Minaco providing a $600,000 line of credit. Both parties realized the potential of the diversified financial services being brought to market by Esprit.Esprit management felt it prudent to have additional resources available if needed, with particular reference to the Chinese market. Rather than issuing more additional common stock and significantly diluting the equity position of common shareholders, it was felt that the multiple-voting preferred shares provided a superior alternative.As disclosed in the Attorney Letter with Respect to Current Information, filed July 31st, 2007, the Company issued 2,000 preferred shares on April 17th, 2007, carrying 30 million votes per share, although no preference as to Company distributions versus common stock. In other words, for dividend purposes, preferred shares will only receive the equivalent of 2,000 common shares in funds.Esprit management is confident of the trust existing between all parties.In hind-sight, Esprit considers this credit facility very fortuitous, given the wild reversal in the availability of sub-prime capital investments.Again, with a view to maximizing shareholder value, Esprit has provided itself with capital resources to allow it the maneuvering capability to respond to the need for additional capital if circumstances dictate
Thanx Rats, Great info!!!
And now the statement from Garr makes sense.
What advantage does this give Garrr, if it is only 2000 shares and they are worth the same fund wise. Surely he had more with 144. any thoughts
So why would Garr trade??
Here's two parts posted on TH. Strange but I read somewhere if we did not use the money or we paid it back, we got our shares back. However I can not locate that anymore. perhaps it has already been deleted from TH. Hummmmmmm convenient.
In regards to the 2,000 multiple voting shares, these have been issued as part of the terms to a secured creditor. Importantly, while these shares carry multiple votes, they do not carry any additional financial advantages in the case of distributions to shareholders, such as cash dividends
RESPONSE:
Because of the previous relationship between the Companies, Minaco expressed interest in the expanding operations of Esprit, and subsequent negotiations resulted in Minaco providing a $600,000 line of credit. Both parties realized the potential of the diversified financial services being brought to market by Esprit.Esprit management felt it prudent to have additional resources available if needed, with particular reference to the Chinese market. Rather than issuing more additional common stock and significantly diluting the equity position of common shareholders, it was felt that the multiple-voting preferred shares provided a superior alternative.As disclosed in the Attorney Letter with Respect to Current Information, filed July 31st, 2007, the Company issued 2,000 preferred shares on April 17th, 2007, carrying 30 million votes per share, although no preference as to Company distributions versus common stock. In other words, for dividend purposes, preferred shares will only receive the equivalent of 2,000 common shares in funds.Esprit management is confident of the trust existing between all parties.In hind-sight, Esprit considers this credit facility very fortuitous, given the wild reversal in the availability of sub-prime capital investments.Again, with a view to maximizing shareholder value, Esprit has provided itself with capital resources to allow it the maneuvering capability to respond to the need for additional capital if circumstances dictate